OSB GROUP PLC said it bought 1,090,103 ordinary shares over the five trading days through Oct. 16, a repurchase that will reduce its issued share count after settlement and cancellation.
The company said it will have 335,424,130 shares in issue after the purchases settle and the shares are canceled. Its voting-rights total will also be 335,424,130. OSB holds no shares in treasury.
Jefferies International Limited executed the trades on Aquis Exchange, CBOE BXE, CBOE CXE and the London Stock Exchange. Each ordinary share has a nominal value of £0.01.
On Oct. 16, OSB paid between 492.20 pence and 499 pence per share on the London Stock Exchange. The volume-weighted average price there was 495.74 pence. OSB’s announcement also listed purchases and prices by trading venue for each day from Oct. 12 through Oct. 16.
The transactions are part of a share repurchase program OSB announced March 5. The company said the shares bought during the five-day period will be canceled.
